TAL Education Group
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has TAL Education Group's balance sheet done over the years? Its assets were worth $4,927,949,000 last year, which is more than in the previous period. 26% of TAL Education Group’s total assets is currently financed by debt. Its liabilities reached the amount of $1,289,185,000, which means an increase by 43% compared compared to last year.
Debt to Assets
| 2015 | 772414637 | 458.84M | 59.4% |
|---|---|---|---|
| 2016 | 1061379033 | 620.64M | 58.48% |
| 2017 | 1826806215 | 1.14B | 62.84% |
| 2018 | 3054559080 | 1.41B | 46.29% |
| 2019 | 3735091000 | 1.20B | 32.25% |
| 2020 | 5571246000 | 3.02B | 54.33% |
| 2021 | 12112309000 | 6.90B | 57.03% |
| 2022 | 5082528000 | 1.08B | 21.25% |
| 2023 | 4724354000 | 903.44M | 19.12% |
| 2024 | 4927949000 | 1.28B | 26.16% |
TAL Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 2.20B | 2.02B | 1.63B | 3.24B | 1.87B | 1.24B | 711.51M | 470.21M | 434.04M | 470.15M |
Short term investments | 1.09B | 1.14B | 1.07B | 2.69B | 345.45M | 268.42M | 787.39M | 229.45M | 44.76M | 21.99M |
Net receivables | 52.73M | 44.82M | 20.42M | 18.60M | 15.19M | 10.54M | 18.32M | 105.86M | 2.59M | 980.22K |
Inventory | 68.32M | 39.00M | 21.83M | 38.67M | 25.83M | 7.75M | 5.27M | 2.82M | 600.44K | 544.08K |
Other current assets | 274.75M | 213.04M | 124.76M | 403.11M | 207.35M | 202.63M | 133.23M | 160.64M | 32.03M | 45.75M |
Total current assets | 3.69B | 3.46B | 3.63B | 8.15B | 2.49B | 1.74B | 1.66B | 869.02M | 515.85M | 539.43M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 636.42M | 437.87M | 508.29M | 2.05B | 1.61B | 287.87M | 247.26M | 154.30M | 114.62M | 93.57M |
Goodwill | 0 | 163K | 0 | 454.41M | 378.91M | 414.22M | 291.38M | 267.16M | 87.02M | 12.33M |
Intangible assets | 191.03M | 194.36M | 219.40M | 282.74M | 263.83M | 74.77M | 43.50M | 37.96M | 15.19M | 3.68M |
Long term investments | 264.77M | 453.37M | 412.47M | 667.63M | 571.60M | 850.69M | 597.60M | 347.73M | 274.35M | 97.35M |
Other non-current assets | 131.92M | 164.19M | 304.21M | 176.34M | 171.23M | 332.62M | 195.43M | 134.42M | 47.66M | 24.32M |
Total non-current assets | 1.22B | 1.25B | 1.45B | 3.95B | 3.07B | 1.98B | 1.39B | 957.78M | 545.51M | 232.98M |
Total assets | 4.92B | 4.72B | 5.08B | 12.11B | 5.57B | 3.73B | 3.05B | 1.82B | 1.06B | 772.41M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 400.28M | 234.88M | 187.71M | 1.38B | 780.16M | 433.61M | 824.27M | 504.14M | 280.93M | 177.63M |
Short term debt | 62.60M | 42.17M | 66.10M | 652.67M | 304.96M | 215.30M | 36.50M | 0 | 91.72M | 0 |
Total current liabilities | 1.08B | 783.86M | 902.58M | 3.37B | 1.80B | 1.18B | 1.13B | 667.14M | 383.16M | 232.55M |
| Non-current liabilities: | ||||||||||
Long term debt | 176.61M | 115.54M | 175.98M | 3.49B | 1.21B | 196K | 236.07M | 450.14M | 227.82M | 226.06M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 0 | 465K | 6.61M | 2.84M | 0 | 0 |
Total non-current liabilities | 206.96M | 119.57M | 177.68M | 3.53B | 1.22B | 20.89M | 280.70M | 480.90M | 237.47M | 226.28M |
Total liabilities | 1.28B | 903.44M | 1.08B | 6.90B | 3.02B | 1.20B | 1.41B | 1.14B | 620.64M | 458.84M |
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